GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vatic Ventures Corp (OTCPK:VCVVF) » Definitions » Equity-to-Asset

Vatic Ventures (Vatic Ventures) Equity-to-Asset : 0.68 (As of Nov. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Vatic Ventures Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vatic Ventures's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $1.21 Mil. Vatic Ventures's Total Assets for the quarter that ended in Nov. 2023 was $1.79 Mil.

The historical rank and industry rank for Vatic Ventures's Equity-to-Asset or its related term are showing as below:

VCVVF' s Equity-to-Asset Range Over the Past 10 Years
Min: -106.43   Med: -1.61   Max: 0.82
Current: 0.68

During the past 13 years, the highest Equity to Asset Ratio of Vatic Ventures was 0.82. The lowest was -106.43. And the median was -1.61.

VCVVF's Equity-to-Asset is ranked worse than
61.32% of 2702 companies
in the Metals & Mining industry
Industry Median: 0.8 vs VCVVF: 0.68

Vatic Ventures Equity-to-Asset Historical Data

The historical data trend for Vatic Ventures's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vatic Ventures Equity-to-Asset Chart

Vatic Ventures Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.03 -104.40 -77.10 -1.96 0.82

Vatic Ventures Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.82 0.78 0.75 0.68

Competitive Comparison of Vatic Ventures's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Vatic Ventures's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vatic Ventures's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vatic Ventures's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Vatic Ventures's Equity-to-Asset falls into.



Vatic Ventures Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Vatic Ventures's Equity to Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Equity to Asset (A: Feb. 2023 )=Total Stockholders Equity/Total Assets
=1.454/1.769
=

Vatic Ventures's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=1.209/1.787
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vatic Ventures  (OTCPK:VCVVF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Vatic Ventures Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Vatic Ventures's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Vatic Ventures (Vatic Ventures) Business Description

Traded in Other Exchanges
Address
1400 - 1040 West Georgia Street, Vancouver, BC, CAN, V6E 4H1
Vatic Ventures Corp is engaged in the acquisition, exploration, and development of mineral properties.

Vatic Ventures (Vatic Ventures) Headlines

No Headlines